HOW IT WORKS:

Every year the US Government collects millions of dollars from overages. Over 14 billion dollars from foreclosures, tax overages, and mortgage overages are sitting in government accounts waiting to be claimed. Interest is accruing daily in these accounts.

Your overage amount is permanently forfeited if it’s not claimed by the filing expiration date.

The challenge is that most counties are not designed to go out of their way to keep you informed of your property being sold at auction. State officials typically send a notification to the address of the property that was sold at auction.

Fact #1

Once a property is foreclosed on, it is processed with the county to sell at auction.

Fact #2

Fact #1

Each county enforces its own set of processes.

Fact #3

Fact #1

Fact #3

After a property is sold at auction, there is limited time to access property details and to process claims.

Fact #4

Fact #3

The Bank that foreclosed on the property only has the right to any pending balances.

Fact #5

Fact #4

Fact #5

Any additional liens or judgments also have rights to a property’s overage.

Fact #6

Fact #4

Fact #5

The dollar amount over the bank's pending balance and liens is an overage or surplus funds. The remaining funds belong to you!